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durbin making it clear he's -- there's a lot of different ways to get there. would you consider that? ways to raise money from the wealthy without raising rates? >> there are ways to get there. but i think a lot of this goes back to where you start the whole discussion from. you know, those of us who have worked on this for a long time, the simpson/bowles plan, which has gained a lot of attention, even our gang of six efforts, which we think improved upon the plan. we started with the rates going back up, you use that baseline and then you work down. you can then use some of these tax reform ideas to bring the rates back down, but you basically, we need, you know, on a ten year basis, more than $1 trillion of net new revenue as we think about some of the additional cuts we're going to have to make and some of the reforms to the entitlement programs. i agree with the president, let's go ahead and bring the rates back up, but then like simpson/bowles, we can use a tax reform effort, whether it is capping tax expenditures or actually going through in a more thoro
durbin making it clear he's -- there's a lot of different ways to get there. would you consider that? ways to raise money from the wealthy without raising rates? >> there are ways to get there. but i think a lot of this goes back to where you start the whole discussion from. you know, those of us who have worked on this for a long time, the simpson/bowles plan, which has gained a lot of attention, even our gang of six efforts, which we think improved upon the plan. we started with the...
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i think senator durbin is right on that. they're going to have to negotiate something on medicare, there's no doubt about that. remember the person doesn't get the medicare payment, the hospital or the doctor, the pharmaceutical or whoever it is gets that. that's going to affect a lot of different things. it's going to be really sort of tough going here. but it's obvious that there's going to be some kind of entitlement cuts that come out of this. i don't know how wise that is, but it's going to happen. >> thanks to both of you. we appreciate it. it will be tough for everyone. still outfront a devastating fire kills more than 100 people. and there is a solution. on why and how this could never happen again. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you
i think senator durbin is right on that. they're going to have to negotiate something on medicare, there's no doubt about that. remember the person doesn't get the medicare payment, the hospital or the doctor, the pharmaceutical or whoever it is gets that. that's going to affect a lot of different things. it's going to be really sort of tough going here. but it's obvious that there's going to be some kind of entitlement cuts that come out of this. i don't know how wise that is, but it's going...
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>> harry reid and dick durbin said forget it. social security is not a part of this conversation. and yet the president has shown a willingness to do that. what happens if he publicly -- and republicans right now, their frustration is that the president will say that behind the scenes but he won't public ly talk about it as much as they want him to talk about it publicly. what happens politically on the left? >> i think there's some people on the left who would not appreciate having social security and medicare as part of this, as part of this discussion. if we're in the talking phase, it doesn't hurt to talk about things that each side should put on the table. brad is right that the republicans have come a little bit with taxes. >> the discussion is not about should taxes go up. the discussion is how do you do it? >> exactly. and, listen, i think that to the extent we are just talking right now, i don't think that talking hurts. but should this become -- should this come in play, little there will be a lot of people on the left who will not be very happy. i think in some ways it
>> harry reid and dick durbin said forget it. social security is not a part of this conversation. and yet the president has shown a willingness to do that. what happens if he publicly -- and republicans right now, their frustration is that the president will say that behind the scenes but he won't public ly talk about it as much as they want him to talk about it publicly. what happens politically on the left? >> i think there's some people on the left who would not appreciate having...
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senator dick durbin joins us this morning. always great to talk to you. appreciate your time. >> thanks, soledad. >> now with this latest development, how hopeful are you that, in fact, a deal is going to get done? and what would that deal look like? >> well, we should reach an agreement. the point i made was, when it comes to medicare, we know that it's going to run out of money in twelve years. whatever changes we want to make should be thoughtful changes. not made in the heat of the fiscal cliff. not done in the closing days here, of a lame duck session. let's look at this thoughtfully and make sure at the end of the day medicare is going to survive and be stronger. but i think there is plenty of ground here for us to come together as democrats and republicans, the congress and the president, and avoid the worst parts of the fiscal cliff. >> okay, so what entitlements then? what would you put on the table? right now it's been the narrative is kind of republicans will put taxes on the table, democrats will put entitlements on the table. and i talked to
senator dick durbin joins us this morning. always great to talk to you. appreciate your time. >> thanks, soledad. >> now with this latest development, how hopeful are you that, in fact, a deal is going to get done? and what would that deal look like? >> well, we should reach an agreement. the point i made was, when it comes to medicare, we know that it's going to run out of money in twelve years. whatever changes we want to make should be thoughtful changes. not made in the...
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durbin: i ask that the quorum call be suspended. officer without objection. mr. durbin: we are in the process of considering the ratification of the convention on the rights of persons with disabilities. the united states has led the world in creating the legal framework building an infrastructure and designing facilities that ensure inclusion and opportunities for those living with disabilities. this year the senate foreign relations committee under the leadership of chairman john kerry and ranking minority member richard lugar celebrateds the it 22nd anniversary of the act by reporting on the rights of persons with disabilities on a strong bipartisan basis. i want to personally thank senator kerry and senator lugar for moving the treaty through the committee process. it was -- the treaty through the committee process. it was a hectic time. they made a point of making certain that we brought this issue forward. personal thanks to my friend, senator john mccain, who's on the floor at this moment for making this a bipartisan effort. i also want to thank senators b
durbin: i ask that the quorum call be suspended. officer without objection. mr. durbin: we are in the process of considering the ratification of the convention on the rights of persons with disabilities. the united states has led the world in creating the legal framework building an infrastructure and designing facilities that ensure inclusion and opportunities for those living with disabilities. this year the senate foreign relations committee under the leadership of chairman john kerry and...
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we are thrilled to have senator durbin here today to talk about his views on the fiscal cliff. as we engage in this debate, i wanted to lay out a few principles that are critical as washington becomes obsessed with this set of issues. the elections have consequences. at c.a.p., we have argued that the issues that are really framing the fiscal debate and fiscal cliff were ones that were litigated in the election context. the president did not have one set of conversations before november and a second set now. there was a thread going through the debate that the country was having and that thread was around having a balanced plan to address america's fiscal challenges. there are serious fiscal challenges that we do need long term -- deficit reduction -- that is important to america's credibility. it is important for america's economy and economic growth. that plan has to be balanced, and that means significant revenues and that paying has to go around. that means the wealthy and well-off have to pay their fair share as well. these should not be new issues. they are ones that were
we are thrilled to have senator durbin here today to talk about his views on the fiscal cliff. as we engage in this debate, i wanted to lay out a few principles that are critical as washington becomes obsessed with this set of issues. the elections have consequences. at c.a.p., we have argued that the issues that are really framing the fiscal debate and fiscal cliff were ones that were litigated in the election context. the president did not have one set of conversations before november and a...
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entitlement reform but then in the next moment dick durbin says he doesn't want to change medicare. take a listen. >> we have got to make sure that there is seemless coverage of affordable health insurance for every american. my concern about raising that medicare retirement age is there will be gaps in coverage. this has been the problem so far. republicans don't want to give in on taxes they say they will will, they will make some concessions but they haven't yet. democrats say they are willing to work and make concessions on entitlement reform but sketchy on the details. both sides know what they need to do to find common ground but they haven't done it yet. >> ed henry at the white house. thanks. president obama has chosen a new head of the securities and exchange regulation. who heads wall street. her name is elise walter. she has been a member of the commission since president george w. bush appointed her in 2008. she is set now to replace mary shapiro who took over in the middle of the worst financial crisis since the great depression. mary shapiro is credited with leading th
entitlement reform but then in the next moment dick durbin says he doesn't want to change medicare. take a listen. >> we have got to make sure that there is seemless coverage of affordable health insurance for every american. my concern about raising that medicare retirement age is there will be gaps in coverage. this has been the problem so far. republicans don't want to give in on taxes they say they will will, they will make some concessions but they haven't yet. democrats say they are...
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we have leading senators like senator durbin who has the courage to deal with these issues. he was on the simpson-bowles committee who said that we can't deal with those now in the dealing with the fiscal cliff, we need to put that off into the future. my experience is what you put off to the future never happen here. >> i hope we can get a deal. >>> me too. >>> great to see both of you. john let me start with you. cornyn is pessimistic, but the markets are up today, despite the glum faces we have seen. cornyn has said he's pessimistic, is he willing realistic or do you think we're going to get a deal? >> i think he's being a strategic scrooge. he's saying we need a balanced plan, but the president's not dealing with entitlealment reform and cuts. to give a balanced plan, republicans have to cut taxes. >> he said i put revenue on the table. but he wouldn't talk about the rates. >> also when asked about these specific entitlement reforms, he didn't talk about those either. we need to see some substance behind that. >> did you hear level ground where that can be forged? i don'
we have leading senators like senator durbin who has the courage to deal with these issues. he was on the simpson-bowles committee who said that we can't deal with those now in the dealing with the fiscal cliff, we need to put that off into the future. my experience is what you put off to the future never happen here. >> i hope we can get a deal. >>> me too. >>> great to see both of you. john let me start with you. cornyn is pessimistic, but the markets are up today,...
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durbin will take heavy pounding. so will the rest. they all go home. the good ones have town meetings and speak for five minutes and stay for two hours and let people show them. i have done that for years. they will say, i did not agree with you at all but you came in and ask questions. i will continue to do that the rest of my days. i always did. did you hear what joe biden said? i said, what did he say? they say, he got his foot in his mouth. i say, i have done it more. we have got to be who we are and take the stuff. >> the best part about spending the last two years on the road with this american treasurer is we have gone to see liberal groups, conservative groups, business people, ordinary citizens, every stripe you can imagine, we have had a chance to talk to. we have had a chance to educate a lot of people about what the real problem is. i think you are right. there has been no punishment. i think people are ahead of politicians. that often happens. if they appreciate anything about what al and i have done, it is that we have been honest with th
durbin will take heavy pounding. so will the rest. they all go home. the good ones have town meetings and speak for five minutes and stay for two hours and let people show them. i have done that for years. they will say, i did not agree with you at all but you came in and ask questions. i will continue to do that the rest of my days. i always did. did you hear what joe biden said? i said, what did he say? they say, he got his foot in his mouth. i say, i have done it more. we have got to be who...
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some entilement reform is okay with illinois democratic senator dig durbin, but thinks that social security should be left alone. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things and i believe we should, smaller things played out long-term that give it solvency. >> and congressman peter king says nobody will get all they want, but if president reagan and speaker o'neill could get a deal, president obama and speaker boehner should as well. >> harris: let's hope that's true. thank you. right now, a child missing, city on edge and volunteers going door-to-door to try to find young dylan. also, no longer a mysteries, but an official cause. we now know why a strip club blew up and more than 40 buildings and homes including a day care center were heavily damaged. debris for blocks. and we'll check with the firefighters injured trying to save lives. and can it get any bigger? the powerball lottery mightier and millions of americans buying tickets. are you playing? stay close. with verizon. hurry in this saturday and sunday fo
some entilement reform is okay with illinois democratic senator dig durbin, but thinks that social security should be left alone. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things and i believe we should, smaller things played out long-term that give it solvency. >> and congressman peter king says nobody will get all they want, but if president reagan and speaker o'neill could get a deal, president obama and...
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on monday senator dick durbin admitted what we've been hearing behind the scenes. very little has been accomplished on negotiations on the staff level. >> now for ten days not much has happened. there's been a big thanksgiving break. a lot of turkey and stuffing. but now let's get back to business. >> although the white house said they remain optimistic, there doesn't appear to be a plan for another leadership meeting until progress is made between the white house team negotiating a deal that's led by secretary geithner but the house republicans, specifically in boehner's shop. in the meantime, to create the appearance of momentum behind his plan, the president is stepping up his schedule, will hold a meeting today. the white house, 15 small business owners from the retail health care transportation and construction sectors. tomorrow ceos for the second time in two weeks go into the white house. middle class americans from around the country who the white house says will suffer if no deal is done also come to the white house wednesday including people who respond e
on monday senator dick durbin admitted what we've been hearing behind the scenes. very little has been accomplished on negotiations on the staff level. >> now for ten days not much has happened. there's been a big thanksgiving break. a lot of turkey and stuffing. but now let's get back to business. >> although the white house said they remain optimistic, there doesn't appear to be a plan for another leadership meeting until progress is made between the white house team negotiating a...
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same thing yesterday with dick durbin who came on the show because eric said, okay, we'll do deals on taxes, but you brought up capital gains tax, no. carried interest, no. raising the actual marginal rates, no, we don't want to do that yet when he left we got calls from democrats saying does he really want to make a deal? >> i got two yesterday that -- >> i got e-mails from democrats going wow, he sounds like he wants to make a deal. one senator said did he really mean what he said? considering that he said nothing, yeah, i guess so but it was the tone then yesterday dick durbin came on and we had to basically stop asking about medicare about three or four minutes in because it was nonsensical talking about creating new programs. but this is a guy that also supporting simpson bowles and let us know like eric, we'll make a deal and figure it out. >> both sides at various times tells you something about recent history. you think about where republicans were a year and a half ago, where their attitude was, no, we will not discuss revenues, not one penny, ever, ever, ever so for cantor t
same thing yesterday with dick durbin who came on the show because eric said, okay, we'll do deals on taxes, but you brought up capital gains tax, no. carried interest, no. raising the actual marginal rates, no, we don't want to do that yet when he left we got calls from democrats saying does he really want to make a deal? >> i got two yesterday that -- >> i got e-mails from democrats going wow, he sounds like he wants to make a deal. one senator said did he really mean what he...
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. >> senator durbin is suggesting the debate over the entitlement programs should be waged after the new year once the fiscal cliff issue has been settled. >>> six minutes past the hour, new storms rolling into the northwest this morning. and that could cause dangerous flooding. alexandra steele is live in atlanta for us. what's going on? >> hey, good morning to you guys. we've got one storm that's gone and one storm that's a massive storm incoming. so let's start with this, all you guys in new york city had snow, for sure, but right now we certainly don't. this has all moved offshore. this was just the rain, but what was left behind? actually black ice there this morning. places like new jersey, six inches of snow. chester, new jersey, five. you can see sunbury, pennsylvania, three. 2 1/2 in mill brooke. the hudson valley and portions of connecticut are seeing black ice as a factor. take it slow, especially the elevated surfaces with temperatures so cold. story number one. story number two, a mammoth storm, this is the water vapor. what you need to see with this is look at this huge
. >> senator durbin is suggesting the debate over the entitlement programs should be waged after the new year once the fiscal cliff issue has been settled. >>> six minutes past the hour, new storms rolling into the northwest this morning. and that could cause dangerous flooding. alexandra steele is live in atlanta for us. what's going on? >> hey, good morning to you guys. we've got one storm that's gone and one storm that's a massive storm incoming. so let's start with...
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but today for example dick durbin, the number two leader of the democrats in the senate came out and gave a policy speech. he has a lot of credibility on deficit reduction. while he said medicare and medicaid changes in those programs should not be part of the first step, the democrats have to look at that down the road in order to be constructive on deficit reduction. this is a senator, liberal democrat, part of the gang of six, somebody with a lot of credibility on deficit issues. i think that opens the door a little bit. you're seeing it on the democratic side. you're seeing it a little bit on the republican side. >> both sides are going to have to open the door more than just a little bit. they're going to have to make a deal. >> because the one mandate from the public was fix things. >> fix it. and do it quick. gloria, thank you. cnn's getting exclusive new information and photographs of paula broadwell, her affair with jen david petraeus forced him to leave the cia. now her friends are coming to her defense. >>> and a 7-year-old cancer patient tries a controversial treatment. m
but today for example dick durbin, the number two leader of the democrats in the senate came out and gave a policy speech. he has a lot of credibility on deficit reduction. while he said medicare and medicaid changes in those programs should not be part of the first step, the democrats have to look at that down the road in order to be constructive on deficit reduction. this is a senator, liberal democrat, part of the gang of six, somebody with a lot of credibility on deficit issues. i think...
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dick durbin gave the encouraging quote. everything should be on the table. we have to get ourselves out of i had to read it three times because he is number two ranking democrat. and i read behind the scenes, it is a disaster in terms of negotiations moving forward . the word they are using is pathetic about the lack of progress. >> steve: logger heads. >> gretchen: which is what i am talking about. this is the quote that steve hayes brought up on the special report on fox news. when president obama was first elected he talked about how to bring down the deficit and campaign promise to cut it in half and he would do it by focusing on entitlement reform. >> steve: there is the national debt right now. >> gretchen: why doesn't he bring the people to the table and say dick dishin. let's put it all on the table and let's talk about them instead of going out on air force one and getting people to use twitter >> chris: the american society of pensional they have a warning called. if congress does change yourr tax rate, there is a possibility that you might have bi
dick durbin gave the encouraging quote. everything should be on the table. we have to get ourselves out of i had to read it three times because he is number two ranking democrat. and i read behind the scenes, it is a disaster in terms of negotiations moving forward . the word they are using is pathetic about the lack of progress. >> steve: logger heads. >> gretchen: which is what i am talking about. this is the quote that steve hayes brought up on the special report on fox news....
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you heard dick durbin there. tick off for me and be specific, what are democrats willing to give on in this negotiation? >> well, i think the senator's absolutely correct, we need to compromise. there's no question about that. and we will not, however, in any way, shape or form, jeopardize the planned benefits for social security. i mean that's kind of installed in the american people. we changed social security over the years in order to meet the demands that the program insists upon. we will do that. but we'll do that in a bipartisan fashion. >> okay, so compromise. social security is off the table. medicare, walk me through what are the changes here? >> we've already -- we have already cut benefits. we have already cut dollars for medicare. but not benefits. and we will not compromise on the question of guaranteed benefits of medicare. >> what do you compromise on? >> we can change medicare. as you well know, we save medicare $750 billion -- million dollars and that was because of the medicare advantage progra
you heard dick durbin there. tick off for me and be specific, what are democrats willing to give on in this negotiation? >> well, i think the senator's absolutely correct, we need to compromise. there's no question about that. and we will not, however, in any way, shape or form, jeopardize the planned benefits for social security. i mean that's kind of installed in the american people. we changed social security over the years in order to meet the demands that the program insists upon. we...
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here's what senator dick durbin said yesterday on "starting point." >> entitlements need to be part of the long-term strategy but do it in a thoughtful way. i don't want to see major changes decided in the heat of the moment. let's get through the fiscal cliff, find a way to avert it. but at the end of the day treat it as the important program it is for so many millions of americans. >> eric, if we get a deal, how much kicking of the can down the road do you think that deal will inclu include? >> i think it will include significant kicking the can down the road which is why they should kick the entire deal down the road and deal with it together. we know it won't from happen history. we have had 18 of these since 1981. more than half of the time they said they needed a deal with medicaid, medicare, social security. now we have the affordable care act as well. they never want to deal with it. meantime the debt is $16 trillion. >> thanks for joining us this morning. we appreciate it. >>> 33 days until the fiscal cliff. we just keep talking about this. while politicians try to sell their
here's what senator dick durbin said yesterday on "starting point." >> entitlements need to be part of the long-term strategy but do it in a thoughtful way. i don't want to see major changes decided in the heat of the moment. let's get through the fiscal cliff, find a way to avert it. but at the end of the day treat it as the important program it is for so many millions of americans. >> eric, if we get a deal, how much kicking of the can down the road do you think that...
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the number two senate democrat, dick durbin, says he'd be open to look at entitlements, but not part of the fiscal cliff talks. here is the senate majority leader's view. >> at the meeting we had that i mentioned with president and the four leaders, president obama said that social security is not part of what is what we're going to do in this. i agree with him. and there are things that i personally believe there are things that we can do with entitlements that don't hurt beneficiaries. >> but if you have each side starting to take things off the table, it makes you wonder if at some point if gets harder to make a deal. shep. >> shepard: mike emmanuel on capitol hill. the white house and president obama will be making their case to regular americans this week. republican leaders say he should be negotiating, not campaigning. he's not the only politician planning a fiscal cliff road trip. we'll go to the white house and the fox report coming up in a bit. first, hours ago, more than 200,000 people crowded into the central square in cairo to call for an end to the new egyptian leader's
the number two senate democrat, dick durbin, says he'd be open to look at entitlements, but not part of the fiscal cliff talks. here is the senate majority leader's view. >> at the meeting we had that i mentioned with president and the four leaders, president obama said that social security is not part of what is what we're going to do in this. i agree with him. and there are things that i personally believe there are things that we can do with entitlements that don't hurt beneficiaries....
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. >> brown: majority whip dick durbin answered that social security isn't the issue; it's medicare and medicaid. >> social security does not add one penny to the deficit. it's an important program, a critical program. let's take care of it in the future. let's do it separate from the debt debate. medicare is another story. medicare has 12 years of life left and let me make a point of saying it has eight of those years because of president obama's leadership. >> brown: white house officials said the president will send treasury secretary timothy geithner and legislative chief rob nabors to the capitol tomorrow, to meet with congressional leaders. >> warner: online, we have a primer explaining how the fiscal cliff might affect you. still, to come on the "newshour": debating palestinian status at the u.n.; reading the fine print; tackling immigration reform and re-purposing digital data gathered during the campaign. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: wall street tracked the ups and downs of the fiscal cliff drama in washington today. at one poin
. >> brown: majority whip dick durbin answered that social security isn't the issue; it's medicare and medicaid. >> social security does not add one penny to the deficit. it's an important program, a critical program. let's take care of it in the future. let's do it separate from the debt debate. medicare is another story. medicare has 12 years of life left and let me make a point of saying it has eight of those years because of president obama's leadership. >> brown: white...
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he actually had to walk out of the negotiations because when he sat there with dick durbin -- he said, grover, i am not really for tax increases. i and just putting tax increases on the table here and durbin is giving me all of these spending cuts and i have not agreed to anything. i just talk about tax increases. i said -- senator, do you think it is possible durbin goes back to the democratic caucus and says i am putting these imaginary spending cuts on the table -- and he is giving me the tax increases. tom coburn from oklahoma said he would never be that dishonest. senator, i think he is and i think you are not. and i think he takes you seriously and i think you should not take him seriously. but again, they spend more than a year putting a the simpson- bowles commission, which, if you have seen a, a slide presentation, an outline, it is in haiku, the only numbers and the page numbers. it is a series of interesting things. there are specific about the tax burden going up by -- $5 trillion in tax increases. as ryan reads this as a trillion dollars in tax increases from eliminating
he actually had to walk out of the negotiations because when he sat there with dick durbin -- he said, grover, i am not really for tax increases. i and just putting tax increases on the table here and durbin is giving me all of these spending cuts and i have not agreed to anything. i just talk about tax increases. i said -- senator, do you think it is possible durbin goes back to the democratic caucus and says i am putting these imaginary spending cuts on the table -- and he is giving me the...
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. >> dick durbin says when you're talking about entitlement reform or cuts in spending for medicare, medicaid for example, he says that's too complicated now. listen to what he said this morning. >> when it comes to medicare, we know that it's going to run out of money in 12 years. whatever changes we want to make should be thoughtful changes not made in the heat of the fiscal cliff. >> can you defer medicare for example -- medicare reform until after you get a deal on the fiscal cliff? >> well, if we do that, wolf, i think what you have to do is also defer the issue of taxes. i think you extend tax rates some time into the foreseeable future whether that's six months or a year and allow us to go through the process where we can deal with entitlement reform and tax reform in regular order. i don't see republicans supporting something up here that deals with taxes that doesn't have entitlement reform incorporated into that. so i think right now we're a little bit of a standoff, but the way to solve this would be of course to extend the existing tax rates which is by the way something
. >> dick durbin says when you're talking about entitlement reform or cuts in spending for medicare, medicaid for example, he says that's too complicated now. listen to what he said this morning. >> when it comes to medicare, we know that it's going to run out of money in 12 years. whatever changes we want to make should be thoughtful changes not made in the heat of the fiscal cliff. >> can you defer medicare for example -- medicare reform until after you get a deal on the...
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Nov 27, 2012
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when durbin says we have to deal with the fiscal cliff but not entitlements, doesn't the president have to win over members of his party and say, call it what you want, we're doing this and they are on the teable. >> it's hard for me to specifically respond to -- specifically to questions about the comments that senator durbin made according to you. i can simply say it's the president's position that when we're talking about a broad, balanced approach to dealing with our fiscal challenges, that that includes dealing with entitlements. and the president's budget, as you know, includes $34 billion in savings from our entitlement health care program. so he has demonstrated yet again his commitment to the principle that we need to include as part of our balanced approach savings from entitlements. but in order to be balanced, because there's never been a debate about that, republicans on capitol hill have been focused on trying to extract savings from entitlement programs whilen cysting that millionaires and billionaires need not just the tax cuts they already have but extended tax cuts, th
when durbin says we have to deal with the fiscal cliff but not entitlements, doesn't the president have to win over members of his party and say, call it what you want, we're doing this and they are on the teable. >> it's hard for me to specifically respond to -- specifically to questions about the comments that senator durbin made according to you. i can simply say it's the president's position that when we're talking about a broad, balanced approach to dealing with our fiscal...
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Nov 28, 2012
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also dick durbin on fiscal cliff negotiations. political will host a discussion of the fiscal cliff with grow from norquist on c- span to add it o'clock a.m. eastern. i not o'clock a.m. eastern, tom foley and others look at lessons from the 1990 budget deal. the president of amtrak and a representative of the united transportation unit will speak about the operations aboutamtrak. >> washington went to harvard law school. at the urging of one of his brothers, he went to illinois. he of thrived after about eight months' journey by ship, state ge coach into a mining town. he boarded himself in a log cabin. he established a law practice. he worked his way up. he became a successful lawyer and got involved politically. he ran for congress and served eight terms. he befriended abraham lincoln from illinois and ulysses s. grant. as they were on the rise, washbourne was a close confidant during the civil war. after grant was elected president, he appointed washbourne secretary of state. washbourne became ill. his family feared for his lif
also dick durbin on fiscal cliff negotiations. political will host a discussion of the fiscal cliff with grow from norquist on c- span to add it o'clock a.m. eastern. i not o'clock a.m. eastern, tom foley and others look at lessons from the 1990 budget deal. the president of amtrak and a representative of the united transportation unit will speak about the operations aboutamtrak. >> washington went to harvard law school. at the urging of one of his brothers, he went to illinois. he of...
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Nov 29, 2012
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dick durbin knows that. the liberal democratic senators signed off on the simpson-bowles proposal but right now he is saying i don't want to do that as part of the fiscal cliff solution. let's take off until next year. dennis: thank you for being with us. cheryl: fiscal cliff survival kit. today it is your home addition. new talk but washington made do away with the tax break for home mortgage deduction or change the calculation and hit high income earners. the managing partner of mortgage banking solutions joins me from austin, texas with his fiscal cliff survival tips. thank you for being with us on our series this week. you say we are thinking of buying a home right now we should do it. why? >> interest rates at the lowest, affordability index at the highest, great time to buy, people are buying and we're seeing bottom form because of investors' coming in and picking the property, that has been displaced, get in and buy now, you not see this for decades. cheryl: i will lose mortgage interest deduction, th
dick durbin knows that. the liberal democratic senators signed off on the simpson-bowles proposal but right now he is saying i don't want to do that as part of the fiscal cliff solution. let's take off until next year. dennis: thank you for being with us. cheryl: fiscal cliff survival kit. today it is your home addition. new talk but washington made do away with the tax break for home mortgage deduction or change the calculation and hit high income earners. the managing partner of mortgage...
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Nov 27, 2012
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dick durbin said look at the disparity between what a navy seal earns and a hedge fund person earns. it's not fair, moral or right. is that the society we live in in which income, equality is required for us to believe we are living morally? >> that is the issue of fairness, isn't it? surely what we want is growth, growth is fair to everybody. growth reduces the deficit, growth reduces the unemployment rate, growth gets people back into houses of their own. without growth you're nothing. enough with this income inequality, the shift to the left, you've really got to liberate private enterprise if you want to have real fairness. megyn: here we thought chris after november 6th we won't be talking about campaign ads, billboard buys or bus advertisements and we were wrong. >> we were wrong too bad. megyn: all right guys, see you soon. we are also watching a tense situation developing today in egypt. what we're told is a volatile of mix of protestors gathered to denounce a recent power grab by their democratic leader. earlier we saw violent clashes as president mohammed morsi said the far
dick durbin said look at the disparity between what a navy seal earns and a hedge fund person earns. it's not fair, moral or right. is that the society we live in in which income, equality is required for us to believe we are living morally? >> that is the issue of fairness, isn't it? surely what we want is growth, growth is fair to everybody. growth reduces the deficit, growth reduces the unemployment rate, growth gets people back into houses of their own. without growth you're nothing....
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. >> but when asked if he'd be willing to reform social security, senator durbin says social security doesn't add one penny to the debt. that it's a separately funded operation. one final note, the president was out shopping on saturday and when asked by a pool reporter if that was his part to avoid the so-called fiscal cliff, the president said, come on, guys, we're just christmas shopping here. that's it from the white house. talks expected to continue this week. back to you. >> steve: let the games begin. douglas, thank you. >> gretchen: now to the rest of today's headlines, brand-new evidence that could have changed the outcome of the casey anthony murder trial. police in florida now admitting that they missed a google search done by someone in the anthony household. the search seems kind obvious. it was for the words, foolproof suffocation. the search done the same day two-year-old caylee anthony was last seen live. the mom acquitted of her daughter's murder, even her defense attorney says he was shocked this never came up in court. >> steve: meanwhile, it's like low jack for wom
. >> but when asked if he'd be willing to reform social security, senator durbin says social security doesn't add one penny to the debt. that it's a separately funded operation. one final note, the president was out shopping on saturday and when asked by a pool reporter if that was his part to avoid the so-called fiscal cliff, the president said, come on, guys, we're just christmas shopping here. that's it from the white house. talks expected to continue this week. back to you. >>...
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as you all know, friends of dick durbin and friends of the former first president bush, they were virtually whitewashed out of e-- out of the picture in that period of time include big the first president bush's son, which i owls thought was sort of sad because i've come to admire the service of president george h.w. bush. so that bit of reminiscence, i'll just turn it over but i do think, i agree that it's harder now, hard for me to see something serious coming together except for the fact that something has to happen, and i feel a little more optimistic than i did preelection but we can talk about why that is. >> before joe, i wanted to jump in. i forgot to mention the most important part of joe's resume, he's also an adjunct professor at george mason university. >> i was just about to correct you on that, paul. thank you, jackie. that was interesting. never sat at a dais before, especially not in the chairman's seat. this is pretty cool. let me try to give you -- i have 12 lessons that i've wren down but i should note at the outset i was not at an truse, though i was working on the hill
as you all know, friends of dick durbin and friends of the former first president bush, they were virtually whitewashed out of e-- out of the picture in that period of time include big the first president bush's son, which i owls thought was sort of sad because i've come to admire the service of president george h.w. bush. so that bit of reminiscence, i'll just turn it over but i do think, i agree that it's harder now, hard for me to see something serious coming together except for the fact...
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Nov 21, 2012
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he actually had to walk out of the negotiations because when he sat there with durbin he said i'm not really for tax increases i'm just putting tax increases on the table, and he's giving me all these spending cuts and i haven't agreed to anything. i just talk about tax increases. and i said a senator, do you think it is possible but he goes back to the democratic caucus and says i'm putting these imaginary spending cuts on the table and he didn't know these tax increases and tom coburn said he would never be that dishonest. i think he is and i think you are not. i think he takes you seriously and you should not take him seriously. but again, they spend more than a year putting the simpson-bowles which of you haven't seen it is a slide presentation outline, the only numbers are in the page numbers. it's a series of interesting things. the tax burden is to go up from 18.5% and full employment to 21. that is a 5 trillion-dollar tax increase over a decade. the opening bid, plus and a trillion dollars of the tax increases from eliminating and reducing deductions and exemptions and so on,
he actually had to walk out of the negotiations because when he sat there with durbin he said i'm not really for tax increases i'm just putting tax increases on the table, and he's giving me all these spending cuts and i haven't agreed to anything. i just talk about tax increases. and i said a senator, do you think it is possible but he goes back to the democratic caucus and says i'm putting these imaginary spending cuts on the table and he didn't know these tax increases and tom coburn said he...